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Old 10-31-2008, 12:57 PM
Surety Wizard Surety Wizard is offline
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Join Date: Sep 2008
Posts: 110
Default Bond Renewal Information is too much!

I have a Mortgage broker Bond that is coming due in December. It is a 20,000 Bond and the Surety Company is asking for business financials for 2007 and Interim 2008, updated Personal Financial Statements, and want to repull credit. Is all of this really neccessary for a $20,000 bond that I have had for 10 years? I have never had a claim and have always paid the bond premium way before it was due for payment.
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